July 11, 2008
NTT DoCoMo Sets Up Chinese Subsidiary
Japanese mobile carrier NTT DoCoMo has established a wholly owned subsidiary in Shanghai, China.
It said DoCoMo China will focus on providing mobile services for corporate customers through system and network services and import-export of communications devices. Yoshimune Ishii has been appointed general manager of the $4m venture. The company will begin operations by the end of this month after governmental and commercial approvals.
Ryuji Yamada, president and chief executive at NTT DoCoMo, said: "Asia-Pacific remains DoCoMo's 'number one priority' in terms of investments, followed by the Middle East and Africa. We will also consider companies in Russia and Central Asia."